Here are the full, up‑to‑date details for Spunweb Nonwoven Limited IPO:
Business: Manufacturer of polypropylene spunbond nonwoven fabrics—used in hygiene, healthcare, packaging, agriculture, doormats, bags, carpets, tarpaulins, and construction.
Facilities: Two plants in Gujarat (Rajkot region), total capacity ~32,640 MT/year
Product Range: Hydrophobic/hydrophilic, UV‑treated, flame‑retardant, antistatic, super soft fabrics (GSM 7–150), 1.6–3.2 m width, >20 colors, with coatings, slitting, printing, cutting services
IPO Timeline
- Opening Date: July 14, 2025
- Closing Date: July 16, 2025
- Basis of Allotment: July 17, 2025
- Refunds & Share Credit: July 18, 2025
- Listing Date: July 21, 2025 on NSE SME
IPO Details
- Face Value: ₹10 per share
- Price Band: ₹90–₹96 per share (face value ₹10)
- Lot Size (Minimum Application): 1,200 shares (≈₹115,200)
- Retail Minimum: 2 lots = 2,400 shares (~₹216,000); S‑HNI: 3 lots, B‑HNI: 9 lots
- Total Fresh Issue:
6,351,600 shares (₹60.98 crore)
- Market Maker Reservation: 321,600 shares (~₹3 cr)
- Net Public Issue: ~6,030,000 shares (~25% post‑IPO dilution)
- Issue Type: Bookbuilding IPO
- Listing At: NSE SME
- Share Holding Pre Issue: 1,77,51,809 shares
- Share Holding Post Issue: 2,41,03,409 shares
GMP of Spunweb Nonwoven Limited IPO
The current Grey Market Premium (GMP) for Spunweb Nonwoven Limited IPO is approximately ₹10 per share, as of 8 July 2025, with a subject-to-sauda adjustment of around ₹7,500 per lot (1,200 shares).
Promoters of Spunweb Nonwoven Limited
Here are the detailed profiles of the promoters behind Spunweb Nonwoven Limited based on disclosures and official sources:
1) Jay Dilipbhai Kagathara — Chairman & Managing Director
- Promoter status: Founder and key promoter; has led the company since 2015
- Experience & education: Over nine years in nonwoven fabrics manufacturing; skills in strategic planning, negotiations, project execution, and analytics
- Roles: Oversees overall business operations, process development, and clean-room setups
- Sustainability initiatives: Led solar panel installation at plant Unit 2 (0.435 MW rooftop solar, 2024)
2) Kishan Dilipbhai Kagathara — Whole-Time Director
- Promoter status: Key promoter alongside Jay; part of board since November 2019
- Education: B.E. in Mechanical Engineering (Symbiosis, Pune); MBA (Coventry University, UK)
- Expertise & role: Heads sales and marketing across domestic & international markets; strong leadership and team management
3) Charulata J. Kagathara — Non‑Executive Director
- Promoter-affiliated board: Director since April 2018
Other Key Directors (Non-Promoter)
- Chetankumar J. Kamani — Independent Director, CA with 13+ years in corporate finance and taxation; appointed November 2024
- Amul K. Kotadia — Independent Director, B.Com, M.Com, PhD, 22+ years in academia; joined November 2024
Summary
| Promoter | Role | Background / Education |
|---|---|---|
| Jay D. Kagathara | Chairman & MD | Over 9 years in nonwoven fabrics; strategic leadership |
| Kishan D. Kagathara | Whole‑Time Director | Mechanical engineer (Symbiosis) + MBA (UK); heads business development |
| Charulata J. Kagathara | Non-Exec. Director | Graduated in Computer Applications |
The company transitioned from private to public limited in Sept 2024, with Jay and Kishan leading since its incorporation (Aug 2015). Their combined promoter-holding remains dominant (~88.5%), underscoring strong governance alignment pre-IPO.
Spunweb Nonwoven Limited IPO Lot Size
| Application | Lots | Shares | Amount |
|---|---|---|---|
| Individual investors (Retail) (Min) | 2 | 2,400 | ₹2,30,400 |
| Individual investors (Retail) (Max) | 2 | 2,400 | ₹2,30,400 |
| S-HNI (Min) | 3 | 3,600 | ₹3,45,600 |
| S-HNI (Max) | 8 | 9,600 | ₹9,21,600 |
| B-HNI (Min) | 9 | 10,800 | ₹10,36,800 |
Spunweb Nonwoven Limited IPO Promoter Holding
Here’s a clear overview of Spunweb Nonwoven Limited promoter shareholding based on the latest IPO disclosures:
| Description | Promoter Holding |
|---|---|
| Pre‑IPO (before fresh issue) | 88.50 % |
| Post‑IPO (after issue) | – |
About Spunweb Nonwoven Limited
Incorporated: 2015, based in Morbi/Rajkot, Gujarat
Certifications: ISO 9001:2015 certified
Scale & Capacity:
• Two plants operating five advanced production lines, combined capacity ~32,640 MT/year
Business Activity:
• Manufactures polypropylene (PP) spunbond nonwoven fabrics
• Applications include hygiene, healthcare, packaging, agriculture, construction, home furnishings, doormats, bags, carpets, tarpaulins, and more
Products & Services
- Fabric Variants: Hydrophobic, hydrophilic, UV-treated, flame-retardant (FR), antistatic, super-soft, in GSM 7–150; widths of 1.6 m, 2.6 m, 3.2 m; offered in 20+ colours
- Value-added Capabilities: Coating, lamination, slitting (mini rolls to 1 inch), laminate sheet cutting, printing
Vision, Mission & Values
- Vision: To lead globally in nonwoven fabrics by delivering innovative, superior products with sustainable solutions
- Mission: Provide high-quality nonwoven fabrics across diverse industries—healthcare, automotive, consumer goods—through innovation and excellence
- Core Values: Integrity, transparency, customer focus, ethical corporate governance, and social responsibility
Corporate Structure
- Subsidiary: Spunweb India Pvt Ltd (established 2024), same Rajkot region
- Registered Office: Survey No. 109/2, NH‑27, Jalida (Wankaner), Rajkot – 363621, Gujarat
- Corporate Office: Rajkot & Mumbai presence
- Certifications & Compliance: ISO 9001:2015; CIN U17291GJ2015PLC084107
Summary
Spunweb Nonwoven is a rapidly growing, quality-focused spunbond nonwoven fabrics manufacturer with a diversified product base, strong domestic and international clientele, and notable financial growth. Backed by modern infrastructure and strategic IPO deployment, it’s poised to bolster capacity utilization and scalability—though working-capital intensity and market dynamics remain areas to monitor.
Spunweb Nonwoven Limited Financial Information
Here’s an updated and comprehensive overview of Spunweb Nonwoven Limited financials for 2023–2025:
| Period Ended | 31 Mar 2025 | Mar 31 2024 | 31 Mar 2023 |
| Assets | 182.76 | 106.58 | 93.15 |
| Revenue | 227.14 | 154.24 | 117.68 |
| Profit After Tax | 10.79 | 5.44 | 1.13 |
| EBITDA | 31.23 | 15.01 | 10.80 |
| Net Worth | 43.15 | 25.09 | 20.15 |
| Reserves and Surplus | 27.30 | 15.77 | 10.33 |
| Total Borrowing | 91.16 | 48.33 | 49.50 |
Key Performance Indicator (KPI)
| KPI | Values |
|---|---|
| ROE | 31.63% |
| ROCE | 33.66% |
| Debt/Equity | 2.11 |
| RoNW | 31.63% |
| PAT Margin | 4.75% |
| EBITDA Margin | 13.75% |
| Price to Book Value | 3.95 |
KPI Highlights
- Earnings Growth: EPS grew from ₹0.68 (FY23) → ₹6.28 (FY25), nearly 9.2× growth.
- Profitability: Strong and improving ROE (31.63%) and ROCE (33.66%) in FY25 indicate excellent capital utilization.
- Leverage Trend: Debt-to-equity has risen due to expansion, but current ratio (>1.2) remains healthy.
- NAV Growth: From ₹8.51 to ₹14.97 per share in two years, reflecting higher retained earnings.
These KPIs suggest that Spunweb Nonwoven Limited is scaling efficiently with improved returns, margin expansion, and strong operational performance, though debt levels are rising to support this growth.
Strengths of Spunweb Nonwoven Limited IPO
| Strength | Details |
|---|---|
| 1. Scale & Capacity | One of India’s largest spunbond nonwoven manufacturers (32,640 MT/year). |
| 2. Diversified Products | Offers custom fabrics (GSM 7–150, widths up to 3.2m) for various sectors. |
| 3. Wide Customer Base | 485+ Indian clients and 20+ international buyers in USA, Europe, MENA. |
| 4. Strong Financial Growth | PAT rose from ₹1.13 Cr (FY23) to ₹10.79 Cr (FY25); ROE: 31.6%, EPS: ₹6.28. |
| 5. Quality Focus & Certifications | ISO 9001:2015 certified; in-house labs ensure product standards. |
| 6. Environmentally Responsible | Solar power setup at plant; ~10% of energy from renewables. |
| 7. Experienced Promoters | Promoters with engineering & global management education backgrounds. |
Risks of Spunweb Nonwoven Limited IPO
| Risk | Details |
|---|---|
| 1. Underutilized Capacity | FY25: 73% utilization in parent; 67% in subsidiary (SIPL). |
| 2. High Customer/Supplier Dependence | SIPL heavily reliant on few clients & raw material vendors. |
| 3. High Working Capital Needs | Large IPO portion allocated for working capital; cash-heavy business. |
| 4. Rising Debt | FY25 borrowings: ₹91.16 Cr; D/E ~2.1—may impact flexibility. |
| 5. Industry Competition | Faces margin pressure from large domestic & global rivals. |
| 6. Regulatory Risk | Medical and hygiene products must comply with strict standards. |
| 7. Manpower Dependence | Relies on trained staff & contract labor; HR shortages may affect output. |
Spunweb Nonwoven Limited Contact Details
Here are the verified contact details for Spunweb Nonwoven Limited, compiled from official and reliable sources:
Registered & Factory Address
- Spunweb Nonwoven Ltd (Registered Factory)
Survey No.109(2), N.H.‑27, Near Wankaner Boundary Post at Jalida, Village Rangpar, Taluka Wankaner, Rajkot – 363621, Gujarat, India
Corporate Office
- Office No. 604, South Block, Twin Star, Near Nana Mauva Circle, 150‑Feet Ring Road, Rajkot – 360 005, Gujarat, India
Phone Numbers
- General & Investor Relations: +91‑87 5894 4844
- Other Contact Lines: +91‑99799 79729 (support)
Department-Specific Contacts (from official site) :
| Purpose | Phone | |
|---|---|---|
| Export Sales | exports@spunweb.in | +91-81549 44844 |
| Domestic Sales | marketing1@spunweb.in / sales@spunweb.in | +91-81550 44844 / +91-81530 44844 |
| HR | hr@spunweb.in | +91-82389 44844 / +91-87589 55755 |
| Accounts | accounts@spunweb.in | +91-82388 44844 |
| Investor Relations | cs@spunweb.in | +91-87589 44844 |
| General Inquiries | support@spunweb.in | +91-99799 79729 |
Email Addresses
- General/Support: support@spunweb.in
- Investor Relations: cs@spunweb.in
- Export Sales: exports@spunweb.in
- Domestic Sales: marketing1@spunweb.in, sales@spunweb.in
- HR: hr@spunweb.in spunweb.com
- Accounts: accounts@spunweb.in
Website & Corporate Info
- Website: www.spunweb.com
- Corporate Identification (CIN): U17291GJ2015PLC084107
Asston Pharmaceuticals Limited IPO: Date, Price, Lot & Review
GLEN Industries Limited IPO 2025: Dates, Price & Review
Disclaimer: The content on this website is intended for informational purposes only and should not be interpreted as financial or investment advice. Engaging in stock market activities involves inherent risks, and outcomes can be unpredictable. While we strive to provide accurate and up-to-date information, we do not make any guarantees regarding the completeness or reliability of the content. Any investment decisions you make should be based on your own research and consultation with a qualified financial professional. We are not responsible for any financial gains or losses resulting from actions taken based on the information provided here. Always invest wisely and at your own risk.
